ShareChat, India’s social and short-video platform operator Mohalla Tech Pvt., plans to raise as much as $400 million through a public listing next year, according to multiple reports. The company operates the ShareChat app, along with short-video platform Moj and the subscription-based micro-drama app QuickTV. Sources say the listing is expected to occur over the next four to five quarters.
The company’s IPO plans come after it becomes operationally profitable. Business Standard reports the company turns operationally profitable in the first quarter of the financial year that began April 2026, while another outlet notes the move follows a period in which ShareChat cut costs and laid off staff as venture funding slowed after the Covid-19 pandemic.
On performance, NDTV says ShareChat’s annual revenue has crossed 10 billion rupees and is growing at an annualized pace of up to 14 billion rupees, with growth exceeding 30%. Other coverage frames the IPO announcement as a reversal for the firm that previously focused on restructuring amid tighter funding conditions.
